1, Thai real estate has permanent property rights (with title deeds).
Foreigners can legally hold apartments with permanent property rights and have the same rights and interests as Thais. Foreigners, like Thais, have permanent property rights of Thai real estate, which can be passed on to the next generation (Thailand has no inheritance tax, which exceeds 50 million baht, and will receive 10% in the future), while domestic real estate has only 70 years of property rights. This is why you can see that the roads in some cities in Thailand are very crowded, because the land is private and the government cannot demolish it.
2. House prices in Thailand are relatively cheap.
The price of apartments in the central area of Thailand starts from RMB 6,543,800+0,000 per square meter, and that of apartments near rail transit starts from about RMB 20,000 per square meter. The apartment area is calculated according to the usable area, and there is no pool.
The apartments and villas in Thailand are all decorated.
Apartments and villas in Thailand were decorated when they were handed over, but most of Pattaya were finely decorated, and many of them also brought a full set of fine furniture. Greatly reduce the cost of money and time for decoration, and meet the needs of foreign businessmen.
4. There is no pool area in Thai apartments.
There is no pool area for apartments in Thailand. According to the use area, the average domestic shared residential area is about 25%, which is equivalent to a 15% discount on the house price in Thailand.
Living conditions in Thailand are good, so it is easy to go to school.
Thailand has a good living environment, pleasant climate and fresh air, and Thai people are gentle and kind. In addition, the medical conditions in Thailand are also very good, ensuring health. For the elderly, medical conditions are particularly important, so it is also a trend to buy a house for the elderly in Thailand.
Thailand also has high-quality education, and living in Thailand can easily solve children's education problems. There are international schools offering English courses in Bangkok, Chiang Mai, Pattaya, Phuket, Koh Samui, Hua Hin, Krabi and other places in Thailand. All foreign teachers teach in multiple languages.
6. The rental rate of return is high.
The average annual rental return rate of apartments in central Thailand is about 5-8% of the house price, and in some places it can reach 15%. Moreover, Thailand's real estate experienced the financial crisis of 1998, and squeezed out the bubble, and now it is slowly recovering to the level of that year, so Thailand's real estate is developing healthily.
5. Thailand's housing prices have increased significantly.
According to the statistics of the past 10 years, the average annual increase of apartments in central areas such as Bangkok and Pattaya is about 12%. Together with the rental return, the average annual return rate of apartment investment in Thailand is above 18%. Compared with other Southeast Asian countries, Thailand's economy has shown good signs of growth, and economists believe that the fundamentals of Thailand's economic recovery prospects are still optimistic. Therefore, investing in Thai real estate, and in the case of stable appreciation of real estate, will definitely make you get high returns.
It is easier to buy real estate in Thailand than in other countries.
Thailand's land department is very efficient, and the documents that owners need to prepare are relatively simple. If it is a new building or villa, it can be completed in 1-3 working days with the help of developers and professional real estate agents.
7. Thailand has no property tax, and the transfer and holding costs are low.
Because there is no "property tax" in Thailand, only a few related transfer taxes (transfer fee, special business tax, stamp duty and personal income tax) need to be paid when transferring real estate in Thailand. Buy about 6% of the house price, and generally the buyer and the seller pay 50% each. When you get the house, pay off the sinking fund in one lump sum, as well as the monthly property fee. There is no holding tax and no miscellaneous items.
8. Medical services in Thailand are perfect and cheap.
Thailand has become the world's largest medical destination with its low surgical price and high-quality medical services.
At present, more than 400 hospitals in Thailand provide medical and health care services, covering many medical disciplines, with complete services. Due to Thailand's high medical level, skilled doctors and reasonable hospital fees, the nursing service for patients during illness and rehabilitation is comprehensive and meticulous, which is enjoyed by overseas patients. In addition, the ward is clean and well-equipped, which makes patients feel that they are not in the hospital, but on vacation in the hotel.
9. Easy to apply for a Thai pension visa
Thai law stipulates that foreigners over the age of 50 can easily obtain a long-term residence pension retirement visa. Coupled with world-class medical facilities and excellent services, Thailand has become an increasingly popular retirement destination. At the same time, it can also live all the year round, or as a choice to avoid the cold.
10. It has become possible to buy a house mortgage loan in Thailand.
In the past, it was basically impossible for China people to buy a house in Thailand and want a mortgage loan. This year, this situation has made a breakthrough. Bank of China (Thailand) and Industrial and Commercial Bank of China (Thailand) Co., Ltd. launched related businesses.